General Motors is all in for fuel efficient powertrains, and continues to show commitment with today’s announcement of a $331.8 million investment into four American manufacturing facilities. They are Michigan’s Flint and Bay City plants, the Toledo, Ohio facility and the Bedford, Indiana facility. The investments will go toward a new small engine family, a new V6 engine, a new 8-speed transmission, and existing 6-speed transmissions.
The money will be dispersed accordingly:
- $215 million in Flint Engine Operations for a new small Ecotec gasoline engine family, which will include both 3 and 4-cylinder variants with displacements ranging from 1.0 to 1.5 liters. Details of what variants the plant will build will be announced later. The plant will also upgrade tooling for its current V6 engine.
- $55.7 million will go to Toledo Transmission Operations for increased capacity and tooling to produce an all-new, advanced 8-speed automatic transmission and an existing 6-speed transmission. GM plans to use the Toledo-based 8-speed in “numerous” vehicles by the end of 2016.
- $31.7 million towards the Bay City Powertrain facility, of which $19.2 million will go towards components for a new V6 engine and $12.5 million to produce components for the small Ecotec gasoline engine.
- $29.4 million for Bedford Castings, where $19 million will go towards production of components for the new small gas engine and $10.4 million to produce components for the new 8-speed and existing 6-speed transmissions.
As an aside, GM also is increasing previously announced powertrain investment in plants in Romulus and Saginaw, Michigan by $46 million, bringing the new total to $646 million to support production of a new V6 engine. The Saginaw Metal Casings plant will see the vast majority of that money, getting $41 million while $5 million goes to Romulus Engine Operations.
Since 2009, GM has announced nearly $1.8 billion of investments for the six Midwest Powertrain facilities. The investments will retain 1,650 jobs.